1411-1413 N Kansas Ave - Restaurant FOR SALE


Liberal, KS 67901
$2,221,200 USD
614-754-1008
1411-1413 N Kansas Ave, Liberal, KS for Sale
$2,221,200 USD
Restaurant - FOR SALE
1/10
null | Request Cap Rate

1411-1413 N Kansas Ave
Liberal, KS 67901


HIGHLIGHTS

  • NNN Leased to Starbucks & T-Mobile Corporate, two BBB+ credit rated Tenants with a combined Market Cap of $292 Billion
  • 8.2 Years of Lease Term Remaining
  • Near term income upside with 7.3% Rent Increase in 2027

OVERVIEW

NNN Leased to Starbucks & T-Mobile Corporate, two BBB+ credit rated Tenants with a combined Market Cap of $292 Billion. 8.2 Years of Lease Term Remaining. Near term income upside with 7.3% Rent Increase in 2027. Outpad to Dillon’s Grocery & Fuel Center Anchored Plaza which generates 1.12M customer visits per year and is Liberal’s 2nd largest Grocery store after Walmart. Positioned on a Hard Corner Signalized Intersection with Direct frontage to 15,700 VPD along N Kansas Ave & E 15th St, the highest traffic counts in a 20-mile radius. Caddy Corner to Southwest Medical Center, a 101-Bed acute care Hospital which generated $223.5M of patient revenue in 2023. 0.75 miles from Walmart Super Center which offers additional Big Box Anchor support of 2.5M customer visits per year. Directly across from Liberal Plaza which generates 407k customer visits per year. Liberal boasts a Strong Economy and School System with a very healthy 2.5% Unemployment Rate (almost half of the National Unemployment rate of 4.1%) and the 7th ranked High School in the State

FOR SALE DETAILS

PRICE

$2,221,200 USD

PRICE/SF

$468 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks & T-Mobile

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

-

APN/PARCEL ID

148-33-0-20-05-001.00-0

ASK ABOUT THIS PROPERTY

Alex Van KrevelPassov Real Estate GroupMore Info
614-754-1008

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Alex Van KrevelPassov Real Estate GroupMore Info
614-754-1008

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.